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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: VikingWarrior who wrote (2865)5/10/2000 12:03:00 PM
From: J.T.  Read Replies (1) | Respond to of 19219
 
Viking Warrior, Thanks for the nice link.

We are getting close to a bottom in here. If the market were to do bidding for me right now, I would like this sell=off to accelerate this afternoon and put in some sort of bottom within the next day or so.

Look for that intraday reversal and hard bounce into the close. Whether it is today, tomorrow, or some time next week.

We are close to bottom. I want that one hard shake-down to exert the fear factor...

It is time to take a hard look at the new leaders going forward for that may- june rally. QCOM, JDSU, VSH, DITC, GMST...

It is getting close to go long Banks and financials... WFC, MER, JPM et al.

These stock are prodding bottoms...

I will try and put in supports for major indices later...

Best Regards, J.T.